T.T. Limited, one of India’s leading vertically integrated textile companies, announced several strategic initiatives following its recent Board Meeting. These initiatives signal a new phase of diversification, growth, and international expansion for the company.
Over the past few years, T.T. Limited has focused on consolidating operations, reducing debt, and strengthening its brand presence. With these milestones achieved, the company is now set to move into high-margin business segments that align with its long-term vision and operational strengths.
1. Entry into Corrugated Box Manufacturing
T.T. Limited is venturing into corrugated box manufacturing, a high-growth, high-margin sector that complements its textile operations. The new unit will be established at the company’s Avinashi plant, leveraging available land and infrastructure for efficient resource use.
This venture will not only serve in-house packaging needs but also supply boxes to external clients across the textile and FMCG industries, expanding T.T. Limited’s business portfolio.
2. Establishing an International Office in Vietnam
Recognizing Southeast Asia’s growing influence in the global textile supply chain, T.T. Limited will set up an international sourcing and marketing office in Ho Chi Minh City, Vietnam.
Vietnam’s strategic location offers access to major markets such as Europe and the USA, while maintaining proximity to key raw material suppliers in China. This initiative is designed to boost export competitiveness and strengthen the company’s global presence in one of the world’s fastest-growing textile hubs.
3. Expanding the ‘Hiflyer’ Brand
In its core textile segment, T.T. Limited will expand its ‘Hiflyer’ brand into premium outerwear and high-end innerwear. This move reinforces the company’s position in India’s growing apparel market while enhancing visibility across domestic and export channels.
Leadership Comment
Commenting on the new developments, Mr. Sanjay Kumar Jain, Managing Director, T.T. Limited, said:
“These initiatives mark an important step forward in T.T. Limited’s journey toward becoming a more diversified and future-ready organization. We are leveraging our existing strengths while tapping into high-potential areas that align with evolving global market trends.”
